If you are looking to increase the size of your home, then an extension is the perfect way to do this. Adding an extension to your home involves construction work over numerous months, however, the benefits of doing this make it more than worthwhile.
Carrying out a home extension is a popular way of increasing the amount of space in a property. However, this isn’t the only benefit that home extensions have to offer.
Average UK house prices increased by almost 10% over the year to March 2022, largely thanks to inflation. Yet, carrying out renovations such as home extensions is one of the best ways that you can take an active hand in boosting your home’s value, above and beyond average value rises experienced across the nation.
So, what are the different ways of extending your home?
Types of home extension
There are several ways of increasing your home’s size. Here are some of the most common.
- Side extensions: These extend your home into unused alleys or pathways at the side of your house.
- Rear extensions: A common way of increasing space at the rear of your property, usually extending your home into garden or patio area.
- Wrap extensions: This method is a combination of side and rear extensions, great for creating open living spaces.
- Double-storey extensions: These apply any of the preceding extension types to two floors of your home instead of just one.
The type of extension that you choose will largely depend on what exactly you’re hoping to get out of it.
If you just want extra space in general, then a rear extension might make the most sense. It’s likely you could squeeze some extra space out of your backyard. But if you’re after something specific, like a new bedroom, perhaps one of the more specialized types of extension would better suit you.
How much do extensions cost?
If you’re considering whether you should get an extension, then there’s probably one big question on your mind: how much will it cost? It’s important that you have an estimate when considering whether or not your budget can accommodate a home extension.
But unfortunately, there’s no single, easy answer. And any contractor giving you a certain answer in the early stages is a definite red flag. The truth is that it will depend on a number of variables, including:
- The type of extension
- The size of your extension
- What materials you will need
- The volume of glazing
- Contractor fees
- And many more
For this reason, many homeowners use home improvement loans to split costs into manageable repayments. This is understandable since most people won’t have enough savings to pay for a home extension outright.
Is an extension right for your home?
Before making any fixed plans, take the time to consider whether an extension is viable for you. Do your due diligence and be sure to check if you would require planning permission before carrying out an extension.
Additionally, consider your plans for the future. If you’re planning on moving soon, you’ll need to make your extension will add enough value to offset the building costs. Yet, if this is your forever home, an extension is likely the best way for you to increase your living space.